XML 57 R40.htm IDEA: XBRL DOCUMENT v3.25.0.1
Basis of Presentation and Summary of Significant Accounting Policies (Tables)
 12 Months Ended
Dec. 31, 2024
Organization Basis of Presentation and Summary of Significant Accounting Policies [Line Items]  
Schedule of Estimated Useful Lives of Principal Property and Equipment The estimated useful lives for the principal property and equipment classifications are as follows:
Principal Property and Equipment ClassificationEstimated Useful Life
Aircraft, engines and related rotable parts
20 – 30 years
Buildings and improvements
5 – 30 years
Furniture, fixtures and other equipment
3 – 15 years
Capitalized software
5 – 10 years
Disaggregation of Revenue
The following are the significant categories comprising our operating revenues (in millions):
Year Ended December 31,
 202420232022
Passenger revenue:
Passenger travel$45,743 $44,914 $41,425 
Loyalty revenue - travel (1)
3,843 3,598 3,143 
Total passenger revenue49,586 48,512 44,568 
Cargo804 812 1,233 
Other:
Loyalty revenue - marketing services3,257 2,929 2,657 
Other revenue564 535 513 
Total other revenue3,821 3,464 3,170 
Total operating revenues$54,211 $52,788 $48,971 
(1)Loyalty revenue included in passenger revenue is principally comprised of mileage credit redemptions, which were earned from travel or co-branded credit card and other partners. See “Loyalty Revenue” below for further discussion on these mileage credits.
The following is our total passenger revenue by geographic region (in millions):
Year Ended December 31,
 202420232022
Domestic$35,336 $34,592 $32,911 
Latin America6,560 6,719 6,150 
Atlantic
6,445 6,205 5,070 
Pacific1,245 996 437 
Total passenger revenue$49,586 $48,512 $44,568 
Schedule of Contract Balances
December 31,
20242023
(In millions)
Loyalty program liability$10,054 $9,327 
Air traffic liability6,759 6,200 
Total$16,813 $15,527 
Changes in loyalty program liability are as follows (in millions):
Balance at December 31, 2023$9,327 
Deferral of revenue4,482 
Recognition of revenue (1)
(3,755)
Balance at December 31, 2024 (2)
$10,054 
(1)Principally relates to revenue recognized from the redemption of mileage credits for both air travel, non-air travel and other awards. Mileage credits are combined in one homogenous pool and are not separately identifiable. As such, the revenue is comprised of mileage credits that were part of the loyalty program deferred revenue balance at the beginning of the period, as well as mileage credits that were issued during the period.
(2)Mileage credits can be redeemed at any time and generally do not expire as long as that AAdvantage member has any type of qualifying activity at least every 24 months or if the AAdvantage member is the primary holder of a co-branded credit card. As of December 31, 2024, our current loyalty program liability was $3.6 billion and represents our current estimate of revenue expected to be recognized in the next 12 months based on historical trends, with the balance reflected in long-term loyalty program liability expected to be recognized as revenue in periods thereafter. Additionally, as of December 31, 2024, our loyalty program liability includes a one-time cash payment related to the new co-branded credit card agreement announced in December 2024, which will be amortized over the life of the new agreement beginning in 2026.
American Airlines, Inc.  
Organization Basis of Presentation and Summary of Significant Accounting Policies [Line Items]  
Schedule of Estimated Useful Lives of Principal Property and Equipment The estimated useful lives for the principal property and equipment classifications are as follows:
Principal Property and Equipment ClassificationEstimated Useful Life
Aircraft, engines and related rotable parts
20 – 30 years
Buildings and improvements
5 – 30 years
Furniture, fixtures and other equipment
3 – 15 years
Capitalized software
5 – 10 years
Disaggregation of Revenue
The following are the significant categories comprising American’s operating revenues (in millions):
Year Ended December 31,
 202420232022
Passenger revenue:
Passenger travel$45,743 $44,914 $41,425 
Loyalty revenue - travel (1)
3,843 3,598 3,143 
Total passenger revenue49,586 48,512 44,568 
Cargo804 812 1,233 
Other:
Loyalty revenue - marketing services3,257 2,929 2,657 
Other revenue557 531 507 
Total other revenue3,814 3,460 3,164 
Total operating revenues$54,204 $52,784 $48,965 
(1)Loyalty revenue included in passenger revenue is principally comprised of mileage credit redemptions, which were earned from travel or co-branded credit card and other partners. See “Loyalty Revenue” below for further discussion on these mileage credits.
The following is American’s total passenger revenue by geographic region (in millions):
Year Ended December 31,
 202420232022
Domestic$35,336 $34,592 $32,911 
Latin America6,560 6,719 6,150 
Atlantic
6,445 6,205 5,070 
Pacific1,245 996 437 
Total passenger revenue$49,586 $48,512 $44,568 
Schedule of Contract Balances
December 31,
20242023
(In millions)
Loyalty program liability$10,054 $9,327 
Air traffic liability6,759 6,200 
Total$16,813 $15,527 
Changes in loyalty program liability are as follows (in millions):
Balance at December 31, 2023$9,327 
Deferral of revenue4,482 
Recognition of revenue (1)
(3,755)
Balance at December 31, 2024 (2)
$10,054 
(1)Principally relates to revenue recognized from the redemption of mileage credits for both air travel, non-air travel and other awards. Mileage credits are combined in one homogenous pool and are not separately identifiable. As such, the revenue is comprised of mileage credits that were part of the loyalty program deferred revenue balance at the beginning of the period, as well as mileage credits that were issued during the period.
(2)Mileage credits can be redeemed at any time and generally do not expire as long as that AAdvantage member has any type of qualifying activity at least every 24 months or if the AAdvantage member is the primary holder of a co-branded credit card. As of December 31, 2024, American’s current loyalty program liability was $3.6 billion and represents American’s current estimate of revenue expected to be recognized in the next 12 months based on historical trends, with the balance reflected in long-term loyalty program liability expected to be recognized as revenue in periods thereafter. Additionally, as of December 31, 2024, American’s loyalty program liability includes a one-time cash payment related to the new co-branded credit card agreement announced in December 2024, which will be amortized over the life of the new agreement beginning in 2026.